Ubaldo Herrera Hernandez, a human rights activist in Cuba and a member of the Cuba Mises Institute, was arrested on February 2nd. Manuel Velazquez Visea, another Cuban libertarian activist, was also arrested. We have been able to confirm that other members of Mises Cuba were threatened by security officials after the incident, but no further
For those that follow the Fed’s rate hike hoopla, one of the more obnoxious aspects is all the “economist expectations” that are reported on throughout the year. They’ve been vocalizing their lousy expectations since 2010. Consider this one, based on a survey of “leading economists: 2012 came and went and there were no hikes. And every year since
My book, Advanced Introduction to the Austrian School of Economics , is being translated into Korean, and the translator asked me to provide a short preface for the Korean edition. I’m reproducing it below, partly just to give my book a bit more publicity (it’s affordably priced, if you go with the paperback), partly to indicate how I see how the
The WSJ is reporting that Daniel Tarullo has submitted a resignation letter and will be departing the Fed Board in early April. This is an interesting resignation in light of the recent regime change in Washington. One narrative of the Trump administration has been “deregulation.” The WSJ notes that one of the two (now three) vacancies on the
Now that 2016 is gone and President Obama is a thing of the past, we can take a look back at just how much government spending grew during his tenure. It seems that in his eight year tenure, Obama never managed to top the enormous increases in government spending that occurred under presidents Reagan and George Bush. In fact, Obama doesn’t even
President Donald Trump is set to have an even greater impact on the Federal Reserve than expected, after Daniel Tarullo surprisingly announced he will be leaving the Fed’s board in April — five years before his term was set to expire. This now leaves Trump with three vacancies to fill. Will Trump take the opportunity to appoint someone who doesn’t
Largely overlooked last week in the wake of President Donald Trump’s court battle was another controversial judicial ruling. On Thursday the US Court of Claims rewarding Moda Health, an Oregon-based health insurer, $214 million for losses it took participating in the high risk insurance pools established under the Affordable Care Act. The dispute
On most fronts, the Trump era is off with a bang — both upsetting the status quo, but also offending numerous Austro-libertarian free market principles. Particularly, there is growing tension within the spheres of monetary and regulatory policy. Those who made themselves comfortable in the Obama administration are swiftly being uprooted by a new
Nowadays, references to the New Orleans flooding of 2005 often speak of the disaster as if Hurricane Katrina was the only reason the city flooded. Rarely mentioned is the failure of the levees built by the Army Corps of Engineers. In fact, incompetently built and poorly maintained government infrastructure was a major contributing factor in the
After nine years of outrageous, unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural — the new normal. You can see this on corporate ballot sheets, bank leverage, and the low personal savings rate. However, even the “man on the street” is beginning to believe in this “new normal.”
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.